200 Billion Yuan Insurers' Fund Eyes Real Estate Investment
A new Insurance Law is slated to come into effect on October 1, and related regulations on real estate and unlisted equity investment by insurance funds will also be introduced, maybe in October. Since last February, the newly revised Insurance Law allows insurance funds to invest in real estate for the first time. Prior to that, insurance funds could enter the real estate only under the name of "using for themselves."
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